The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-17
FINANCE AND COMMERCE.
1oney 8 Per Cent, New York Ex-
change Par Selling.
soften oeeady - Middlfng C0ston,
ss-sales To-day 1900
Bales.

APPRAL 0PYIcE,
RaDAY EvRSIHs. September IL. 1887.
Money remains very firm and scarce
ut s per cent. The supply falls far
stsrt Of the general demand.
The local cotton market closed
steady and unchanged. At New Or.
leans the market Is very firm, with fut-
ares quiet and steady-the current
month up / point and the other
months point of.
New York spots closed steady and
81 l.1ec on all grades. September fut.
ures closed of l point and the rest
advanced l point. A leading New
York cotton circular ssys Of the future
market: "Some little additional
procure was placed upon September,
bu. with less force and shorter dura.
ton than yesterday, and on the whole
the market was steadier. At the oest,
however, 1t was only swapping bust
ness In exchanging near for later op.
lions.
The Liverpool market Is quoted I'M
changed, good business, with futures
up 2 points. At Manchester cloths
are steady, improving. Yarns firm,
selling asking an advance.
According 10 the New York Com.
mercial Bulletin, the stringency In the
money market continues TO be felt
upon the general market for groceries
and occasionally crops out In quite
pronounced manner, naturally
where pretty fall stocks are beirg car
ried, with coffee OF late most seriously
affected. Plenty Of holders, however,
are In q position to take care Of their
sccumulstions without much difficult
~, and buyers who obtain advantage
Of forced realizing have to be on the
alert to secure the exceptional oppor.
tunity. All regular and natural influ.
ences seem 10 be qxite % promising
% for some time claimed and no one at.
tempts TO controvert the assertion that
prospects for distribution are good,
with very few goods showing an &C.
emulation that Ia excessive, or indi-
cations that arrivals are likely to be-
come manageable. The specula.
tive feeling is quite dead and even on
coffee Il 10 merely O room" market
on the - leral line OF trading
The following cable has been re-
seived from Rio Jsnsiro under date OF
the 10th inst: "Coaee crop (irom
January HowerinR) very badly hurt;
our last estimate Of two and three.
quarter millions for Rio and Santos
will not be reached. Market very
Arm. Daily receipts will not exceed
average OF 5000 bags for September,
and 400 for October, November and
December"
ELEVATOR REroRrl
The following shows the amount Of
grain received, Withdrawn and In stsre
BY regular elevators, Is reported TO the
Merchants Exchange today: Wheat
withdraw, 1000 bushels; In store,
S2,I8i bushsls. Corn, received 1870
bushels, Withdrawn 5S55 bushels, In
store, 1857 bushels. Oats received 209l
bushels, Withdrawn 1890 bushels, In
store. 1898 bushels.
IMPORTS.
Forty.six brls apples, 1879 rolls bag
gipg, l27 pkgs bacon, sos pkss boot,
and ahoss, 1000 bu corn, 297 SKIS coi'
lee, 6622 tks cotton seed, 10 cars cot
ton teed, l47 pkgs dry goods, 81 pkg,
eggs, 625 brls hjur, 800 bales hay, AZ
pkgs hsts, is head hogs, 10 head cat
tie, Is head horses and mules, sc
pigs lard, 1900 feet lumber, a pkg
liquors, 965 brls lime, $50 brls meal
Is brls molasese, 1856 kgs nails, 4C0l
bu oate, so brls potatoes, 1888 brls pork
s cars park sides, 81 pkgs rise. 227 brli
sugar, 200 pkgl tobacco and 600 br
wheat.